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Third-Party Logistics


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Warehouse Solutions for a Variety of Industries
When selecting a warehouse provider, numerous factors must be taken into account. Although cost and location are crucial, the peace of mind that comes with selecting a provider with specialized warehouse and storage knowledge in your industry cannot be overstated.

Extensiv’s annual 3PL Warehouse Benchmark Report finds 70% of 3PLs face higher labor costs
Report also reveals that 22% face stagnant or declining order volumes, though 3PLs are hitting record cycle times. Overall, 3PLs are balancing tightening cash flow and rising costs while maximizing available capacity.

3PLs saw strong revenue gains in 2022, finds Armstrong report
2022 was a "very good growth year" for third-party logistics (3PL) companies, Armstrong & Associates study concludes.

ShipBob adds Amazon’s VP of North America Fulfillment, Melissa Nick, as CSCO
As first chief supply chain officer for omnichannel fulfillment network provider, Nick will help steer ShipBob's next chapter of growth. Nick will manage ShipBob's partner network of 50+ fulfillment centers across the United States, Canada, Europe, and Australia.

Prologis acquiring 14 million square feet from Blackstone Industrial Portfolio in $3.1 billion deal
Agreement for DC space expands Prologis's presence in key markets including Atlanta, California, Dallas, and Las Vegas. The transaction is currently expected to close by the end of the second quarter.

2023 Container Shipping Outlook: This Time is Different
The period from mid-2020 to the fourth quarter of 2022 was a high-water mark for the container shipping industry, and with it came unprecedented turmoil, disruption, and prosperity, and that period was, above all, a period of extremes: extreme rate rises, extreme container and labor shortages, extreme delays, extreme congestion, and extreme chaos for exporters and importers alike, this time it's different.

PITT OHIO Receives Maryland Safety Awards
PITT OHIO, a leader in transportation, warehouse and logistics services, announced the receipt of the Maryland Fleet Safety Award in the Over 1,000,000 miles category.

Logiwa and eHub partner to improve shipping experience
Under the partnership, Logiwa’s cloud-based warehouse management platform integrates with eHub’s API to simplify the complexities of the shipping process

Pritzker Private Capital to invest in Kenco Logistics
Partnership expected to help family-owned 3PL to advance its growth strategy focused on quality service, innovation and automation, and strategic acquisitions

Demand drives 3PLs to the best growth, M&A year on record
New report on 3PL market from Armstrong & Associates (A&A) finds year-over-year 2021 saw the fastest 3PL market growth since A&A began this research 1995.

PLA announces new branding and website
Updated brand and website unify PLA family of companies and expanded service capabilities.

GEODIS partners with KNAPP on fulfillment center automation project
New collaboration will deploy more than $80 million in advanced automation into two omnichannel fulfillment centers on behalf of a leading retailer, with phase one of the implementation expected to be complete in September of next year. The combined fulfillment centers are expected to move over 270,000 units per day across its total of more than 850,000 square feet of operations.

Made4net acquires Zethcon
Zethcon offers cloud-based warehouse management (WMS) software for the third-party logistics (3PL) market, while Made4Net is a global provider of cloud-based supply chain execution and warehouse management system (WMS) software for multiple end markets.

Ryder to acquire ecommerce and omnichannel fulfillment provider Whiplash
$480 million deal will expand Ryder’s footprint to include Whiplash's 19 dedicated and multi-client warehouses totaling nearly seven million square feet providing access to key port operations and gateway markets.

CMA CGM Group to acquire most of Ingram Micro’s CLS contract logistics business
Deal valued at $3 billion touted as accelerating the group's supply chain capabilities in contract logistics and ecommerce expertise


 


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